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Sensata Technologies Holding plc — Director's Dealing 2010
Nov 18, 2010
31076_dirs_2010-11-18_925379ba-244e-4f4d-abb3-d50be27a2823.zip
Director's Dealing
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SEC Form 4/A — Form 4/A
Issuer: Sensata Technologies Holding N.V. (ST)
CIK: 0001477294
Period of Report: 2010-11-17
Reporting Person: EDGERLEY PAUL B (Director, 10% Owner)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2010-11-11 | Ordinary Shares, par value EUR 0.01 per share | J | 1107334 | — | Disposed | 133605558 | Indirect |
| 2010-11-11 | Ordinary Shares, par value EUR 0.01 per share | G | 45474 | — | Disposed | 0 | Direct |
Footnotes
F1: On November 11, 2010, Sensata Investment Company S.C.A. ("Sensata Investment Co.") distributed 1,107,334 ordinary shares of Sensata Technologies Holdings N.V. (the "Issuer") to certain Bain Capital Funds discussed below. Following such distribution, Sensata Investment Co. held 133,605,558 shares of the Issuer. The recipient funds further distributed the ordinary shares to one or more members or partners in connection with certain charitable gifts made by such members or partners on November 11, 2010.
F2: Sensata Investment Co. is controlled by its manager, Sensata Management Company S.A. ("Sensata SA") through its board of directors. All of the outstanding capital stock of Sensata SA is owned by Bain Capital Fund VIII, L.P. ("Fund VIII") and Bain Capital Fund VIII-E, L.P. ("Fund VIII-E"), and in that capacity, these funds have the power to appoint the directors of Sensata SA. Because of the relationships described in footnote (3) and (4) below, Bain Capital Investors, LLC ("BCI") may be deemed to control Fund VIII and Fund VIII-E and thus may be deemed to share voting and dispositive power with respect to the ordinary shares of Sensata Technologies Holdings, N.V. held by Sensata Investment Co. (Continued in Footnote 3).
F3: Approximately 80.6% of the ordinary shares of Sensata Investment Co. are owned by Fund VIII, Bain Capital VIII Coinvestment Fund, L.P. ("Coinvestment VIII"), Fund VIII-E, Bain Capital Fund IX, L.P. ("Fund IX"), Bain Capital IX Coinvestment Fund, L.P. ("Coinvestment IX"), BCIP Associates III ("BCIP III"), BCIP Trust Associates III ("BCIP Trust III"), BCIP Associates III-B ("BCIP III-B"), BCIP Trust Associates III-B ("BCIP Trust III-B") and BCIP Associates-G ("BCIP-G" and together with Fund VIII, Coinvestment VIII, Fund VIII-E, Fund IX, Coinvestment IX, BCIP III, BCIP Trust III, BCIP III-B and BCIP Trust III-B, the "Bain Capital Funds"). "). Each Bain Capital Fund disclaims beneficial ownership of the shares owned by Sensata Investment Co. except to the extent of its pecuniary interest therein.
F4: In connection with the distribution discussed in the first sentence of Footnote 1, Fund VIII received 647,669 ordinary shares of the Issuer, Fund VIII-E received 172,803 ordinary shares of the Issuer, Fund IX received 220,758 ordinary shares of the Issuer and BCIP III received 66,104 ordinary shares of the Issuer. Each of Fund VIII, Fund VIII-E, Fund IX and BCIP III then further distributed all of the ordinary shares of the Issuer it received from Sensata Investment Co. to one or more members or partners in connection with certain charitable gifts made by such members or partners on November 11, 2010.
F5: Paul Edgerley is a Managing Director and member of the investment committee of BCI. BCI is the managing general partner of BCIP III, BCIP Trust III, BCIP III-B, BCIP Trust III-B and BCIP-G. BCI is also the general partner of Bain Capital Partners IX, L.P., which is the general partner of Fund IX and Coinvestment IX. BCI is also the general partner of Bain Capital Partners VIII, L.P. which is the general partner of Fund VIII and Coinvestment VIII. BCI is also the general partner of Bain Capital Partners VIII-E, L.P., which is the general partner of Fund VIII-E. By virtue of his relationship with BCI, Mr. Edgerley may be deemed to share voting and dispositive power with respect to the shares of the issuer that may be deemed to be beneficially owned by the Bain Capital Funds. Mr. Edgerley disclaims beneficial ownership of the ordinary shares that may be deemed to be beneficially owned by the Bain Capital Funds except to the extent of his pecuniary interest therein.
F6: The original Form 4, filed on November 11, 2010 incorrectly represented the number of shares distributed to Mr. Edgerley. Mr. Edgerley received 45,474 ordinary shares of the Issuer in connection with the distributions described in Footnote 1. Mr. Edgerley made a charitable gift of all 45,474 ordinary shares that he received in connection with such distributions.